U.S. reimposing all Iran sanctions, but China may have oil-trade exemption

Pompeo said the exceptions were temporary and allotted to countries that had made progress toward cutting their dependence on Iranian supplies.

The US wants Iran to withdraw from war-ravaged Syria, where the Shiite clerical regime is a key ally of President Bashar al-Assad, and end longstanding support to regional militant movements Hezbollah and Hamas, as well as Yemen's Huthi rebels. "We have the knowledge and the capability to manage the country's economic affairs", Iran's Foreign Ministry spokesman, Bahram Qasemi, told state television.

Three Iraqi officials said on Friday that the U.S. has informed Baghdad it will be allowed to keep importing crucial gas, energy supplies and food items from Iran after Washington reimposes sanctions on Tehran's oil sector, according to Reuters.

Iran exported the equivalent of 2.5 million barrels a day in April, before the announcement of sanctions turned buyers away.

The United States is open to a "new, more comprehensive deal" with Iran, President Donald Trump has said ahead of a second and final round of sanctions ordered by him go into effect from Monday, hitting Iran's crude oil exports, shipping and ports and its financial system.

"Nitty gritty of this waiver will be announced eventually", said Pradhan.

Iranians will be forced into finding creative ways to sell oil, relying on their years of experience of life under previous sanctions. Let me say that again: Zero.

India is a major importer of Iranian oil - of the 220.4 million metric tonnes of crude imported by India in 2017-18, more than 9% was from Iran.

Vice President Mike Pence, for his part, said, "Iran will be under the most punitive sanctions they have ever faced". The impact remains in question as other countries, particularly Washington's European allies, are resisting joining its effort to economically strangle the Tehran regime.

Meanwhile, Iranian state television reported that the Islamic Republic had started production of the locally-designed Kowsar fighter plane for use in its air force.

During the last sanctions period, China funnelled nearly all its Iranian transactions through the Bank of Kunlun, controlled by Chinese state energy group CNPC, which was sanctioned by the USA in 2012 but shielded the rest of the sector from penalties.

'Game of Thrones' stars Sophie Turner and Maisie Williams took to Twitter on November 2 to go against Donald Trump for using a meme of their show to promote sanctions for Iran.

The three biggest European powers are co-signatories, along with Russian Federation and China, to an worldwide 2015 deal with Iran that reined in its nuclear work in exchange for the lifting of most global sanctions on Tehran.

In May, Trump stunned the worldwide community by unilaterally withdrawing the United States from the landmark Iranian nuclear deal, which was signed under the Obama administration, and by promising to reinstate all the previous sanctions against the Islamic republic.

Nittany Lions At No. 14 In First CFB Playoff Rankings
Call me jaded, but that is my take going all the way back to when the snubbed TCU and Baylor in the first ever CFP final rankings. Still, UCF is the No. 9 team in the country for a reason; it has a top-five scoring offense and a top-15 scoring defense.

Absolute Classic Warcraft III Is Getting Remade
The opening day of BlizzCon is upon us and Blizzard has surprised the entire Diablo fanbase with a new announcement. Blizzard Entertainment has announced its second mobile game, Diablo: Immortal , for Android and iOS.

Oil prices fall on signs of rising supply, economy worries
This is the main reason why Trump has found it challenging to impose sanctions on Saudi Arabia over the murder of Jamal Khashoggi. WTI-Cushing spot prices averaged about 68 dollars per barrel in August, down from the July average of 71 dollars per barrel.

Pixel 3 XL bug adds second notch to screen
The Google Pixel 3 XL was launched earlier this month , adopting a display notch that looks like that of the iPhone X . Thankfully, Google is aware of the problem, telling Android Police that a fix for the ghastly glitch is "coming soon".

Thousands of U.S. troops to be deployed to Mexico border
White House press secretary Sarah Huckabee Sanders on Wednesday praised Mexico for stopping the migrants from getting rides. On Wednesday, it said more than 7,000 troops would support the Department of Homeland Security along the border.

UBS Group Analysts Give Barrick Gold (ABX) a $15.00 Price Target
It is important not to rely on any one financial measure, but to use it in conjunction with statement analysis and other measures. ABX stock is now showing up return of 6.13% throughout last week and witnessed increasing return of 14.80% in one month period.

Blasphemy verdict is ray of hope for persecuted groups
The three-judge panel upheld the blasphemy law itself, saying it was consistent with verses from Islam's holy book, the Qur'an. The developments followed a landmark move by Pakistan's Supreme Court that overturned the 2010 conviction against her.